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6-bed · 5,259 sqftMirador, Arabian Ranches · completed 2008

V047, Mirador

Sold prices and rental history: sold twice, last in July 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V047 · DLD and Ejari recordsUpdated 3 July 2019
Last soldAED 3.3M3 July 2019
Current rentAED 300K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V047, Mirador

What is V047 worth today?

Last sold for AED 3,300,000 in 2019

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3 Jul 2019SoldReady
AED 3,300,000AED 627 per sqft
1 Jun 2016RentedNew contract
AED 300,000/yr12 months · AED 57 per sqft
19 Mar 2013RentedNew contract
AED 278,503/yr12 months · AED 53 per sqft
17 May 2011Sold by developerReady
AED 2,604,888AED 495 per sqft

Source: Dubai Land Department. Updated 3 July 2019.

Key facts

Type
6-bed villa
Size
5,259 sqft
Developer
Emaar
Completed
2008
Service charge
AED 16,200 /yr
Last sold
AED 3.3M · July 2019
Community
Mirador

About V047, Mirador

V047 is a six-bedroom villa of 5,259 sqft in Mirador, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 3 July 2019 for AED 3,300,000, or AED 627 per sqft, 21% below the AED 796 six-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 June 2016, is AED 300,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 16,200 a year.

Sales and rents for V047 over time

Sales
Villa V047, each saleTypical six-bed in Mirador
5M10M2007201220172022Typical sale price by year: 2007 AED 2,571,888; 2008 AED 2,902,888; 2009 AED 3,354,444; 2010 AED 2,884,888; 2011 AED 3,294,944; 2012 AED 3,717,888; 2013 AED 5,950,000; 2014 AED 6,525,000; 2016 AED 6,100,000; 2017 AED 5,000,000; 2018 AED 4,500,000; 2019 AED 4,000,000; 2020 AED 3,975,000; 2021 AED 5,550,000; 2022 AED 6,400,000; 2023 AED 6,950,000; 2024 AED 9,150,000; 2025 AED 13,100,000Sold by developer, May 2011: AED 2,604,888 (AED 495 per sqft)Sold, July 2019: AED 3,300,000 (AED 627 per sqft)

V047 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V047, each contractTypical six-bed in Mirador
200K400K2012201620202024Typical rent by year: 2012 AED 279,125; 2013 AED 322,500; 2014 AED 340,000; 2015 AED 348,250; 2016 AED 346,500; 2017 AED 299,198; 2018 AED 280,000; 2019 AED 249,231; 2020 AED 230,000; 2021 AED 231,000; 2022 AED 275,752; 2023 AED 310,000; 2024 AED 360,000; 2025 AED 514,999New contract, March 2013: AED 278,503 a yearNew contract, June 2016: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in Mirador, and where V047 sits

All 64 6-beds →

V047 last sold in July 2019 at AED 627 per sqft, 21% below what six-beds in Mirador were fetching at the time (AED 796). Over the last 12 months six-beds sold for AED 13,750,000 to 24,500,000, around AED 3,636 per sqft, and rent for AED 349,257 to 500,000 a year. V047's AED 300,000 is at the bottom of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
7 Jan 202624,500,000
5 Dec 202513,750,000
23 Oct 202513,250,000
30 May 202512,950,000
2 6-bed sales in the last 12 months

Mirador

Community

279 villas, 4-bed to 7-bed in Arabian Ranches, completed in 2008 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,689
Typical sale
AED 13M
Typical rent
AED 400K /yr
Typical yield
3.4%
Mirador, Arabian Ranches: prices, sales and rents →

V047, Mirador in numbers

  • Sold twice: first on 17 May 2011 for AED 2,604,888, last on 3 July 2019 for AED 3,300,000 (AED 627 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 278,503 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 16,200 a year (AED 3.08 per sqft).
  • Six-beds in Mirador sold for AED 13,750,000–24,500,000 in the 12 months to November 2026; the community's median across all types is AED 2,689 per sqft.

Source: Dubai Land Department. Updated 3 July 2019.

Questions about V047, Mirador

What did villa V047 last sell for?

AED 3,300,000 on 3 July 2019: AED 627 per sqft for 5,259 sqft. The villa has 2 registered sales; the first was AED 2,604,888 in May 2011.

What is the rent for villa V047?

AED 300,000 a year on the contract signed on 1 June 2016. The previous contract, from March 2013, was AED 278,503.

How big is villa V047?

5,259 sqft (488.6 sqm): a six-bedroom villa in Mirador, completed in 2008.

What is villa V047 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Mirador sold for AED 13,750,000 to 24,500,000 in the last 12 months, around AED 3,636 per sqft.

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Mortgage on V047, Mirador

Starts from the last sale price (AED 3.3M, 3 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →